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SEC only fines short and distorts if the information being shared is proven false. Hyperbole isn't fined.
by bduerst 7y ago
SEC only fines short and distorts if the information being shared is proven false. Hyperbole isn't fined.
- robrenaud 7y agoDo you believe that these anti-GE claims aren't credible?
- garmaine 7y agoI don’t know enough to comment on that, but the point is that so long as they are based on a shred of truth, even if over emphasized, it is hyperbole not fraud.
- bduerst 7y agoPrecisely. Short sellers can't spread deliberate, provably-false information, but the SEC doesn't care about exaggeration.